Financial Conduct Authority

UK FCA warns digital asset firms over poor engagement with new rules
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26 September, 2023

UK FCA warns digital asset firms over poor engagement with new rules

The Financial Conduct Authority has issued final warning to unregistered digital asset firms for their low engagement to financial promotions...
Bybit CEO refutes exit rumors: ‘Leaving the UK isn’t part of our strategy’
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20 September, 2023

Bybit CEO refutes exit rumors: ‘Leaving the UK isn’t part of our strategy’

A report quoted CEO Ben Zhou saying that due to the new FCA rules, Bybit would exit the U.K., but...
Luno ceases service for some UK customers amid tough new rules: report
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13 September, 2023

Luno ceases service for some UK customers amid tough new rules: report

Luno told one news outlet that the Financial Conduct Authority’s new rules, taking effect in October, necessitate a business review...
UK’s Travel Rule comes into effect, requiring digital asset firms to seize funds from suspicious sources
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5 September, 2023

UK’s Travel Rule comes into effect, requiring digital asset firms to seize funds from suspicious sources

The U.K. Travel Rule came into force on September 1, requiring digital asset businesses operating in the country to collect,...
291 applied, 38 approved: UK FCA reveals low digital asset firm registration numbers
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17 August, 2023

291 applied, 38 approved: UK FCA reveals low digital asset firm registration numbers

The U.K.’s FCA revealed that since January 10, 2020, 291 digital asset firms have applied for registration under the 5th...
UK progresses plans for systemic stablecoin regime
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10 August, 2023

UK progresses plans for systemic stablecoin regime

The U.K. Treasury’s response to a consultation updates proposals for a regulatory regime for systemic stablecoins, which would be supervised...
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